Schindler Holding AG (Switzerland) v. Republic of Korea

Schindler Holding AG initiated these proceedings against the Republic of Korea on 10 October 2018 pursuant to Article 16 of the Agreement on Investment between the Republic of Korea and the Republic of Iceland, the Principality of Liechtenstein, and the Swiss Confederation and the UNCITRAL Arbitration Rules 1976. The PCA acts as registry for this arbitration.

Case information

Name(s) of Claimant(s)	Schindler Holding AG (Switzerland) (Private entity )
Name(s) of Respondent(s)	Republic of Korea (State)
Names of Parties	-
Case number	2019-44
Administering institution	Permanent Court of Arbitration (PCA)
Case status	Pending
Type of case	Investment arbitration
Subject matter or economic sector	Manufacturing
Procedural rules	UNCITRAL Arbitration Rules 1976
Treaty or contract under which proceedings were commenced	Multilateral treaty OTHER Agreement on Investment between the Republic of Korea and the Republic of Iceland, the Principality of Liechtenstein, and the Swiss Confederation
Language of Proceeding	English
Seat of Arbitration (by Country)	France
Arbitrator(s), Conciliator(s), Other Neutral(s)	Mr. Laurence Shore Ms. Loretta Malintoppi Neil Kaplan CBE KC SBS
Representatives of the Claimant(s)	Mr. Stephen Jagusch KC Mr. John Rhie Mr. Duncan Watson KC Mr. Odysseas G. Repousis Ms. Lillian Li Quinn Emanuel Urquhart & Sullivan, LLP Byung-Chol Yoon Sup-Joon Byun Boram Hong Theodore Weisman Kang Kim Kim & Chang
Representatives of the Respondent(s)	Mr. Paul Friedland Mr. Damien Nyer Mr. Sven Volkmer Mr. Surya Gopalan Ms. Joy Lee White & Case LLP (until 18 April 2023) Rt. Hon. Lord Peter Goldsmith KC Aimee-Jane Lee Sarah Lee Laith Najjar Debevoise & Plimpton LLP (as of 21 September 2023) Junu Kim Woojae Kim Hangil Lee Sodam Kim Sarthak Malhotra Taehoon Bang Bae, Kim & Lee LLC International Dispute Settlement Division, Ministry of Justice
Representatives of the Parties
Number of Arbitrators in case	3
Date of commencement of proceeding	10 October 2018
Date of issue of final award	-
Length of Proceedings	Pending
Additional notes	10/10/2018: Notice of Arbitration 17/01/2019: Tribunal constituted 05/03/2019: Terms of Appointment adopted 25/10/2019: Case Management Teleconference 25/11/2019: PCA appointed as Registry 02/01/2020: Tribunal issues Procedural Order No. 1 24/01/2020: Claimant submits Statement of Claim 05/06/2020: Respondent submits Statement of Defence 28/10/2020: Arbitration is stayed 10/11/2021: Arbitration is resumed 07/01/2022: Tribunal issues Procedural Order No. 2 19/08/2022: Claimant submits Statement of Reply 10/03/2023: Respondent submits Statement of Rejoinder 21/04/2023: Case Management Videoconference 01/05/2023: June 2023 hearing postponed 18/07/2023: Tribunal issues Interim Award on Costs 22/04/2024-26/04/2024: Hearing takes place 05/07/2024: Parties submit Post-Hearing Briefs

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